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Lei Jun: YU7 Pricing to Be Finalized 1-2 Days Prior to Launch, Xiaomi Automotive Aims for Profitability in Q3 or Q4
2025-06-03 /
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Author：小编
At the investor conference, Lei Jun, the founder of Xiaomi, disclosed that the selling price of Xiaomi's latest model, YU7, does not align with the RMB 235,900 figure circulating online. Instead, the official pricing will be announced 1-2 days before the product's launch. Lei Jun further noted that Xiaomi's automotive business is experiencing a gradual reduction in losses and is anticipated to achieve profitability in the third or fourth quarter of this year. The total R&D budget allocated for YU7's intelligent driving technology stands at RMB 3.5 billion, positioning it at the forefront of the industry.
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